All Forum Posts by: TJ Fries

This is a revision to a previous post.  I'm a new real estate investor in Ohio.  I'm currently not able to put any of my personal funds into my flips and I'm currently looking for a bridge/GAP lender that will accept this and can negotiate a deal.   

Do you have an email and/or a website?

Hi everyone! I'm looking for GAP/bridge funders for fix and flips!

Hey everyone! I'm extremely new to real estate investing and house flipping! I haven't purchased any properties yet, and I'm looking at starting in Cincinnati! But I AM looking for mentors and to create a network of lenders (HML and GAP), investor friendly real estate agents, and contractors. And on that note, when flipping single family homes, would it be more advantageous to use a General Contractor or a Project Manager? Or do you, the flipper, contact each individual contractor for what needs to be done? I appreciate any input and network connections, and welcome anyone who I could trust as a mentor in my journey! Thanks everyone!

I wasn't sure where to put this post, since it mentions Wholesaling and Flipping. But, I'm very very new to the real estate investing game. I'm only in the research and education phase. But I was wondering; From the more seasoned and experienced players in the game, would you say wholesaling or flipping is the way to get your foot in the door of real estate investing?

My personal thoughts:

Wholesaling seems to be the way to go since it's a faster and easier way to make a profit and create those networking connections and relationships. However, there seems to be much more moving parts on your part (contacting an attorney for contract drafting, contacting title agencies for escrow, etc) and it seems like a more in depth process than flipping.

Flipping, especially the way Jake Leicht teaches, seems to be less involved, seeing as how you can flip houses that are in a totally different state. You contact a real estate agent to mitigate the transactions between you and the seller/end buyer, you contact HMLs and GAP funders to get your flip funded, and you contact a contractor to do the work. There seems to be 3 points of contact for you personally (agent, lenders, contractors). However, flipping does seem to be much more risky than wholesaling and doesn't seem like a good starting point.

Just my thoughts, what are the experts thoughts?

*Apologies if this is a duplicate, I'm not sure if my first one actually posted*

I wasn't sure where to put this post, since it mentions Wholesaling and Flipping.  But, I'm very very new to the real estate investing game.  I'm only in the research and education phase.  But I was wondering; From the more seasoned and experienced players in the game, would you say wholesaling or flipping is the way to get your foot in the door of real estate investing?

My personal thoughts:

Wholesaling seems to be the way to go since it's a faster and easier way to make a profit and create those networking connections and relationships.  However, there seems to be much more moving parts on your part (contacting an attorney for contract drafting, contacting title agencies for escrow, etc) and it seems like a more in depth process than flipping.

Flipping, especially the way Jake Leicht teaches, seems to be less involved, seeing as how you can flip houses that are in a totally different state.  You contact a real estate agent to mitigate the transactions between you and the seller/end buyer, you contact HMLs and GAP funders to get your flip funded, and you contact a contractor to do the work.  There seems to be 3 points of contact for you personally (agent, lenders, contractors).  However, flipping does seem to be much more risky than wholesaling and doesn't seem like a good starting point.

Just my thoughts, what are the experts thoughts?